A person working as a Risk Management Specialist in will on average earn $63240 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $63,240.00 |
| Weekly salary | $1,216.15 |
| Daily salary | $173.26 |
| Hourly salary | $21.66 |
This means risk management specialist salary is above average!
Job Industry: finance
Description: A risk management specialist is responsible for identifying, assessing, and minimizing potential risks that may impact an organization's operations, financial stability, reputation, or compliance with regulations. They analyze data, conduct risk assessments, and develop strategies to mitigate risks. These professionals collaborate with various departments within the organization to create risk management plans, policies, and procedures. They also monitor and evaluate the effectiveness of risk management activities, making recommendations for improvement when necessary. Additionally, risk management specialists stay updated on industry trends, regulatory requirements, and emerging risks to ensure the organization remains prepared and resilient.
Tagged with: Risk management, Risk assessment, Data analysis, Compliance, Mitigation strategies, Industry trends.